Points to Remember for a Less Costly Construction Project

Posted on Oct 24 2015 - 6:03am by Business Day TV

Construction ProjectA construction project can be costly, especially when you start from scratch. Aside from taking note of the prices and being thrifty for future expenses, you should also assure that cost-cutting schemes do not jeopardise the quality and even the safety of the construction.

Thinking of a less costly way is economical, as one may use the extra buck saved for future purposes, emergency funding, last minute extensions and additions, or even unnecessary or luxury expenses.

Do things yourself, unless you can’t

Doing things yourself is a must if you want to cut costs. HouseLogic says you can save almost half the cost of the project if you DIY. This saves you from paying extra wages, service fees and installation fees. You never notice these things being costly in the beginning, but they can sting your wallet in the end.

Be wise and resourceful

This includes having the construction during off-peak seasons, so you can get regular or marked down prices. Be patient when comparing excavator for hire rates or other equipment rentals. Choose your contractors wisely. Find one who is licensed, professional and aware of consumer protection laws.

Consider prefabrication

For others who want to save time on planning and designing, prefabricated constructions are a way to go. You spend a large part of the construction costs on the shipping, framing and enclosing, which may be skipped through prefabrication.

Save on hidden parts of the construction

Take time to pinpoint some of the unnoticed parts of the construction like the wall interiors, attics and foundations, and include them when planning. Some people spend much on the looks, but for unseen parts, prioritise strength and quality.

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You don’t have to DIY everything, especially if you don’t have the skills. But it pays to look at areas where you can minimise expenses. Any small adjustment can lead to big savings.